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Oksanka [162]
2 years ago
13

What effect will firms entering have on the market​ price? When firms enter ​, A. the marginal cost of production will decrease

​, decreasing price. B. market supply will increase ​, decreasing price. C. market demand will decrease ​, decreasing price. D. the average total cost of production will decrease ​, decreasing price. E. market supply will decrease ​, decreasing price.
Business
1 answer:
Vitek1552 [10]2 years ago
3 0

Answer:

b

Explanation:

when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.

If firms leave the industry, there would be a reduction in supply and price would increase

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O pré-diagnóstico é a primeira etapa para a implementação de um planejamento estratégico. É possível identificar nesta etapa se
sineoko [7]

Answer:

homework sucks, like, really

Explanation:

8 0
3 years ago
Hull Company’s record of transactions concerning part X for the month of April was as follows.
olga55 [171]

Answer:1. $7720  

2. $7945

3. $7758

Explanation: 1. First in First out method which means the first inventory to be purchased by company will be the first to be sold.  

Total cost of Sales   = Total number of units Sold * Total Cost of inventory sold    

                                  = 100units*$5+ 300units*$5.30+ 200units*$5.35 + 450units*$5.60

                                   =$7720

Total units sold=1450  we started from first inventory which was the balance of inventory of 100 units downwards up to the 1450th unit sold that was purchased on the 26th of April by the company.

2. Last in first out method is where the last bought inventory is sold first.

Total cost of sales= Total number of units sold * Total cost of units sold =200units$*5.80+ 600units*$5.60+ 200units*$5.35+300units*$5.30+150units*$5.1

=$7945

Total units sold still 1450 but we calculated the cost from the last purchased unit from 30th April to the 1450th unit sold which was on the 12th of April.

3. Average Cost = (Sum of all costs/Total number of costs)* total units sold

                     = (($5+$5.1+$5.3+$5.35+$5.6+$5.8)/6)* 1450

=$7769.58

4 0
3 years ago
A good time to Evaluate (the E in SMARTER) your long-term college or education goal would be __________
svlad2 [7]
D is the correct answer
6 0
3 years ago
Read 2 more answers
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Rainbow [258]

Answer:

The correct answer is C: $944

Explanation:

Giving the following information:

Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.

First, we need to determine the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.

Now, we can calculate the allocated overhead:

allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944

6 0
2 years ago
The factors that need to be determined to compute depreciation are an asset's: a.Cost, residual value, and physical life. b.Cost
kumpel [21]

Answer:

d.Cost, residual value, and service life

Explanation:

The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.

Depreciation is usually computed using the formula below

Depreciation  =  (cost - salvage value)/useful life

The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.

As such, the right option is d.Cost, residual value, and service life

4 0
2 years ago
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